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Rihanna attends the 5th Annual Diamond Ball benefiting the Clara Lionel Foundation at Cipriani Wall Street, New York, NY – September 12, 2019. Credit: lev radin/Shutterstock.comANALYSIS
Ahead of Rihanna’s Super Bowl LVII Halftime performance, some NFTs of her hit song, “B**** Better Have My Money,” are up for sale. What implications does the novel case have for future NFTs in the music industry?
16 February 2023 at 09:21
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By Michael Kasdan, Wiggin and Dana LLP | 16 February 2023 at 09:21
Last week, a music producer with ties to Rihanna dropped a collection of 300 royalty-linked NFTs ahead of her Super Bowl LVII Halftime performance. The small collection of NFTs was made available for purchase last week at $210 per NFT and quickly sold out.
Each NFT provides holders with royalties from streaming revenue of her 2015 hit song, “B**** Better have my money“, and includes some other digital goodies.
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